The major banks appear to be winning the battle for the lion’s share of Australia’s lucrative home loans market.
Treasurer Wayne Swan’s 2011-12 federal budget failed to provide solutions to Australia’s housing affordability crisis, according to the Real Estate Institute of Australia (REIA).
According to data released by the Real Estate Institute of Australia (REIA) Australia’s median house price has doubled since 2000.
The Real Estate Institute of Australia (REIA) has presented a submission to the
According to economic bible, The Economist, the Australian property market is the most overvalued in the world, closely followed by Hong Kong and France.
Three months down the track and the knock-on effects of Queensland's recent cyclone and flood devastation is being felt by householders and banks alike.
The Housing Industry Association (HIA) wants the federal government to introduce further stimulus measures to boost new housing starts so they don't fall back to 2009 global financial crisis levels.
It’s not just interest rates that can hurt your bottom dollar. Fees and establishment costs can make a big difference to the amount you pay for your mortgage.
With interest rates at a record low, is now the time to look at fixing your mortgage?
Mortgage applications in Australia may have hit their lowest point in eight years, but there are some indications a slow, upward climb has begun. Veda Advantage's quarterly Consumer Credit Demand Index found mortgage enquiries during the October to December 2010 quarter were up 3.4 percent compared with the September quarter.
January Demand for newly built property has been leading the growth of home loans at the end of 2010, echoing the initial damage of the Brisbane floods. But with interest rates expected to climb this year, there are high hopes first home buyers will boost the market back into more lively days.
As more home owners place their properties on the market, many are diverting away from putting them under the hammer. According to new research from RP Data, there has been an increase in the number of properties for sale through professional listings during the second week of November.
Despite rising interest rates in late 2010, the new year may be a great time to buy a home, according to some mortgage experts. After a turbulent year, Australian Property Monitors is predicting the property market for 2011 to be slightly quieter and buyers are expected to take their time considering their housing and mortgage options.
When it comes to buying property in Australia, just how expensive is it compared to the rest of the world. Out of 90 cities worldwide, Sydney was 19 on the list of the world's most expensive cities to buy property per square metre according to Global Property Guide.
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